Federal Reserve Economic Data

Instantaneous Forward Term Premium 8 Years Hence (THREEFFTP8)

2025-12-12: 1.0029
Updated: Dec 16, 2025 2:03 PM CST
Next Release Date: Not Available
2025-12-12:  1.0029  
2025-12-11:  0.9736  
2025-12-10:  0.9758  
2025-12-09:  0.9848  
2025-12-08:  0.9752  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

Fullscreen

Notes

Source: Board of Governors of the Federal Reserve System (US)  

Release: An Arbitrage-Free Three-Factor Term Structure Model and the Recent Behavior of Long-Term Yields and Distant-Horizon Forward Rates  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

Kim and Wright (2005) produced this data by fitting a simple three-factor arbitrage-free term structure model to U.S. Treasury yields since 1990, in order to evaluate the behavior of long-term yields, distant-horizon forward rates, and term premiums. For the full paper, please go to http://www.federalreserve.gov/pubs/feds/2005/200533/200533abs.html

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Instantaneous Forward Term Premium 8 Years Hence [THREEFFTP8], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/THREEFFTP8, .

Release Tables

An Arbitrage-Free Three-Factor Term Structure Model and the Recent Behavior of Long-Term Yields and Distant-Horizon Forward Rates

Back to Top